Startups that have one red flag usually have several. E.g. a startup with a made-up idea is more likely to have apparently unrelated problems, like a wildly uneven equity split, or founders who haven't worked together before.
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Instagram cofounder Kevin had about 10% equity as per
@sarahfrier book No Filter. Dropbox had uneven equity split as well and so did Shopify. Here is a list of other companies with uneven split.https://www.saastr.com/at-the-top-saas-companies-most-co-founders-are-not-equal-and-thats-ok/ …
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A lot of the equity splits on that list are wildly unequal in my view. Would love to hear where you draw the line.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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